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<p>[QUOTE="coinage86, post: 197587, member: 7584"]Ive bought coin world magazine recently, and just my opinion: I dont think coin world prices differ drastically from PCGS. Ive bought slabbed morgans on ebay at prices within the range what PCGS lists them at. Silver is very cheap compared to gold, so Morgan coin collecting is an investment in coins, not bullion. You will pay the price commensurate to the grade. Whereas these guys on this website have told me the Liberty head gold coins in common dates are a bullion investment; their prices will follow closely to the gold price. I guess its common sense: If collector prices were set on the gold coins, they would be unaffordable to the average collector. And if Bullion prices were assigned to the Morgans, the Morgans would be trading too cheap. Seems to be the rule of thumb with most collectibles: coins; watches; stamps: the collectors want to buy at prices under the book prices. PCGS is book pricing. Actual street pricing you will find in the greysheets. Every dealer at the coin shows has the latest greysheet and buys and sells based on what the greysheet says. The greysheet does not list all 70 grades, so theres a little interpretation of price in-between some grades. If you're worried about prices, stick to PCGS slabs; NGC slabs, and ANAC slabs. Dont buy loose coins if you're worried about value and price.[/QUOTE]</p><p><br /></p>
[QUOTE="coinage86, post: 197587, member: 7584"]Ive bought coin world magazine recently, and just my opinion: I dont think coin world prices differ drastically from PCGS. Ive bought slabbed morgans on ebay at prices within the range what PCGS lists them at. Silver is very cheap compared to gold, so Morgan coin collecting is an investment in coins, not bullion. You will pay the price commensurate to the grade. Whereas these guys on this website have told me the Liberty head gold coins in common dates are a bullion investment; their prices will follow closely to the gold price. I guess its common sense: If collector prices were set on the gold coins, they would be unaffordable to the average collector. And if Bullion prices were assigned to the Morgans, the Morgans would be trading too cheap. Seems to be the rule of thumb with most collectibles: coins; watches; stamps: the collectors want to buy at prices under the book prices. PCGS is book pricing. Actual street pricing you will find in the greysheets. Every dealer at the coin shows has the latest greysheet and buys and sells based on what the greysheet says. The greysheet does not list all 70 grades, so theres a little interpretation of price in-between some grades. If you're worried about prices, stick to PCGS slabs; NGC slabs, and ANAC slabs. Dont buy loose coins if you're worried about value and price.[/QUOTE]
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